Nomad Foods (NYSE:NOMD) Releases FY 2025 Earnings Guidance

Nomad Foods (NYSE:NOMD) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.990-2.030 for the period, compared to the consensus earnings per share estimate of 1.890. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on NOMD. StockNews.com upgraded Nomad Foods from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. Mizuho reduced their target price on Nomad Foods from $28.00 to $24.00 and set an “outperform” rating for the company in a research note on Wednesday, December 18th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of Nomad Foods from $25.00 to $23.00 and set a “buy” rating on the stock in a research note on Monday, November 4th.

Nomad Foods Trading Up 1.6 %

NOMD opened at $15.86 on Tuesday. The firm has a market cap of $2.58 billion, a P/E ratio of 11.92 and a beta of 0.79. The company has a quick ratio of 0.72, a current ratio of 1.20 and a debt-to-equity ratio of 0.79. The business has a fifty day simple moving average of $17.08 and a 200-day simple moving average of $17.81. Nomad Foods has a 52 week low of $15.43 and a 52 week high of $20.05.

Nomad Foods Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Friday, November 8th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date was Friday, November 8th. Nomad Foods’s dividend payout ratio is presently 45.11%.

About Nomad Foods

Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. The company offers frozen fish products, including fish fingers, coated fish, and natural fish; ready-to-cook vegetable products, such as peas and spinach; and frozen poultry and meat products comprising nuggets, grills, and burgers.